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<h3>Fireline Report</h3>
<p>SOL briefly broke through the $200 mark, rising over 13% in 24 hours. On-chain meme coins like nub and FWOG also surged, signaling continued growth in the ecosystem. Arthur Hayes joined the Upexi SOL reserve company, sending UPXI soaring 18% on the news.</p>
<h3>Behind The Scenes</h3>
<p>Funds are circling the market, with institutions and large investors entering the market. On-chain data shows that whale have transferred 226,000 SOL to exchanges, with some showing signs of cashing out. Solana DEX trading volume has surpassed Ethereum for ten consecutive months, with ecosystem projects and the RWA narrative boosting market sentiment.</p>
<h3>Trading Guide</h3>
<p>The current mainstream consensus of SOL is short-term high-level fluctuations, and the main force shows signs of inducing more buying. 195 and 198 are key pressure levels. It is recommended that aggressive short-term traders can ambush short orders in batches near 195-198, set stop losses by themselves, enter and exit quickly, and adopt a conservative style. Wait for a callback to the 190-193 range before considering long in batches, with stop losses below 181.8 and targets at 206-220. It is suitable for short-term high-frequency traders and trend followers. The market is affected by the Fed's speech and market sentiment, and strict risk control is required<span class="source"><a href="fx://followin.io/Feed?id=19348982"><img src="https://static.fwimg.io/img/user/af4915670560b20d70ec1923d5275146.jpg" width="20" height="20" /></a><a href="fx://followin.io/Feed?id=19347123"><img src="https://static.fwimg.io/img/user/cbdc573627d3dbc7551fa2cd72e53907.jpg" width="20" height="20" /></a></span>.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 08-15 08:36</small><br><small>AI-generated summary, not investment advice</small></p></div>